IS BITCOIN THE NEW GOLD? Hear What Experts Have to Say

KEY TAKEAWAYS

  • Due to the fact that bitcoin is scarce, can be mined and is considered by many a store of value, some financial experts and analysts refer to it as “digital gold”
  • Skeptics, on the other hand, argue that — unlike gold — bitcoin has no actual use. Therefore, to them, the case for bitcoin being heralded as the “new gold” is completely misguided and is a lost cause.
  • The focus should be on whether bitcoin can be used as an investment tool for generating cash flow. Cake DeFi offers decentralized finance (DeFi) services that allows investors to generate returns from bitcoin and other cryptos.

BITCOIN IS THE NEW GOLD

BITCOIN IS NOT THE NEW GOLD

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